Oklahoma Storm and Property Damage Claims
Assistance from an Oklahoma City Insurance Bad Faith Attorney
Did you file a claim for insured property that received storm or hail damage? Did your insurance company use dishonest or unfair practices in the handling of your claim? If so, you have a right to take legal action against your insurance company for engaging in bad faith practices.
What is insurance bad faith?
There are many ways an insurance company can act in bad faith. For example, these types of acts can include unfairly denying a claim, offering an unreasonably low claim settlement, failing to properly investigate a claim or failing to make payment on a claim in a timely manner.
The Law Offices of Stipe & Belote handle all types of storm damage claims in Oklahoma, including:
- Tornado damage claims
- Property damage claims
- Hail damage claims
- Hurricane damage claims
When individuals have their property adequately insured for such damage and they make their claims correctly, there is no reason they should not receive the full level of coverage they paid for. If you believe that your insurance company has acted in bad faith concerning your storm or hail damage claim, you can turn to our Oklahoma City personal injury attorneys at the Law Offices of Stipe & Belote for aggressive legal representation.
Recent Verdict for Mishandling of Hail Damage Claim
In one recent case, our law firm was able to help a storage company (our client) obtain $754,125 verdict in an insurance bad faith lawsuit. Click here to see the Journal Entry of Judgement. On behalf of our client, our lawyers were able to prove that the insurer intentionally did not provide the full amount of payment that was needed to repair hail damage to the client's storage facilities.
Our legal team was also able to prove that the insurance company wrongfully charged the client a $94,000 co-insurance penalty for allegedly being underinsured. The court judgment, which was awarded by a jury, included $415,000 in actual damages (for breach of contract and for breach of the covenant of good faith and fair dealing), as well as $225,000 in punitive damages and $114,125 in prejudgment interest. Our legal team also collected $100,000 in attorneys fees and cost from the insurance company. When the insurance company appealed the decision for the punitive damages, the original court judgment was upheld. Click here to see the Appeal Affirmed.
Get help from the Law Offices of Stipe & Belote!
Do you want to work with an Oklahoma insurance bad faith attorney who will fight to help you hold your insurance company liable for its actions? Our talented lawyers have more than 40 years of collective experience, so they are more than equipped to address your needs. They have also been AV® Rated by Martindale-Hubbell®, which means they have received the highest level of recognition within the well-respected lawyer rating organization. Contact us today!